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mitch mcconnell actually saying he was basically open to it. i'm not taking this as wow, the republicans have reinvented themselves and this is a nuj republican party and a huge change for the future. this is an aaffirmation about something about how the system is supposed to work. this is why i thought was most important in this election was what were the tactics of the republican party the last four years. their opposition party tactics of total obstruction to politically destroying the president of the other party. were those tactics validated. if they won power back by doing that, it will normally behavior by the opposition party our system is not billed for. the behavior of the republican for the last four years works in a british system where the only function of the opposition party is to oppose and obstruct any way they can. they just oppose. here the opposition party has a real meaningful role. they have to govern in some way. what i see from republicans are signs that they are going to return at least in the near term to being an actu
mitch mcconnell actually saying he was basically open to it. i'm not taking this as wow, the republicans have reinvented themselves and this is a nuj republican party and a huge change for the future. this is an aaffirmation about something about how the system is supposed to work. this is why i thought was most important in this election was what were the tactics of the republican party the last four years. their opposition party tactics of total obstruction to politically destroying the...
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yourself, how do you assess what's going to happen with republicans like speaker john boehner and mitch mcconnell? how does the president persuade them to lay down their pledges to grover norquist and commit to the nation? >> well, ultimately the president is not going to persuade them. ultimately the voters have to persuade them. i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not going to ever gain or regain control of the senate. we're going to lose control of the house in 2014, 2016. we're going to become a permanent minority party because it makes no sense to most americans. >> hit them where it hurts. professor robert reich, thank you. >>> next, how far will the president go in the showdown against john mccain. >>> but first, hampton pearson has the cnbc market wrap. good afternoon. >> good afternoon. we saw stocks move lower again on more wall street fears of going over the fiscal cl
yourself, how do you assess what's going to happen with republicans like speaker john boehner and mitch mcconnell? how does the president persuade them to lay down their pledges to grover norquist and commit to the nation? >> well, ultimately the president is not going to persuade them. ultimately the voters have to persuade them. i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in...
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you mentioned speaker boehner, the other thing to watch out for is the fact senator mcconnell, normally a kaubs, very cautious politician by nature will look over his shoulder to make sure he doesn't face a tea party challenge. all of that together, i think, makes it a toxic atmosphere and something we will have to all watch carefully. >> now you -- do you believe that the president is giving up leverage if the republicans don't believe he'll go over the cliff? >> yes. >> and you think he has sent a message that he's willing to go over the cliff? >> i think he sent the message and i'm prepared to reiterate that. >> you think the president is willing to go over the cliff? >> i believe that he is prepared -- >> i have not heard that from him. >> you are looking at the fact that come january 1st if there's no agreement taxes will go up on everyone. including the middle class. i think that's a politically unsustainable position. that the republicans are going to come to regret but, yes, you're right. you haven't heard it yet from the president. he needs to keep his flexibility open as we go
you mentioned speaker boehner, the other thing to watch out for is the fact senator mcconnell, normally a kaubs, very cautious politician by nature will look over his shoulder to make sure he doesn't face a tea party challenge. all of that together, i think, makes it a toxic atmosphere and something we will have to all watch carefully. >> now you -- do you believe that the president is giving up leverage if the republicans don't believe he'll go over the cliff? >> yes. >> and...
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>> i guess -- you always ask that question, except to mitch mcconnell. >> excuse me, you, mr. hoyer, mr. clyburn, you're all over 70. is it going to prohibit younger leadership from moving forward. >> so you're suggesting that everybody step aside? >> i'm simply saying, does this -- >> i think that what you will see, and let's, for a moment, honor it as a legitimate question. although it's quite offensive. but you don't realize that, i guess. the fact is, the fact is, is that everything that i have done in my almost decade of leadership is to elect younger and newer people to the congress. in my own personal experience, it was very important for me to elect young women. i came to congress when my youngest child, alexandra, was a senior in high school, practically on her way to college. i knew that my male colleagues had come when they were 30. they had a jump on me, because they didn't have to -- i did what i wanted to do. i was blessed to have that opportunity, to sequentially raise my family and then come to congress. but i wanted women to be here in greater numbers at an ea
>> i guess -- you always ask that question, except to mitch mcconnell. >> excuse me, you, mr. hoyer, mr. clyburn, you're all over 70. is it going to prohibit younger leadership from moving forward. >> so you're suggesting that everybody step aside? >> i'm simply saying, does this -- >> i think that what you will see, and let's, for a moment, honor it as a legitimate question. although it's quite offensive. but you don't realize that, i guess. the fact is, the fact...
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>>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve raising tax rates. is that a compromise you'd ever consider? >> you're right, but i think what the president's trying to say is is let's protect working families. those making less than $250,000 a year. no tax increase for them. those making over that amount should pay more in taxes and i think if they've been blessed with success in this great nation, it's not too high a price to ask. we believe this needs to be part of it. it isn't the only part, but an important part is that we have revenue from those who can afford to pay. we can do it either through the rates or deductions in the c
>>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve...
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mcconnell very well. can you explain to me and his viewers how he believes he and not the president has a mandate, despite democrats increasing their number in the senate, winning the presidential election and not winning the house, mostly because republicans jerry manneded so many districts. >> primarily i'm not sure he believes it but he's saying it because he's talking to a different audience than we are and most of the country is. i think he's in a very difficult spot. i don't think he really faces a serious threat from thinks right in kentucky but he doesn't want to do anything that's going to invite one. meanwhile, his real vulnerability is if he's the one seen blocking a deal that everybody in the country and everybody in both parties wants. so, i think he's trying to negotiate this, sounding tough for his right flank but also i think the important thing to watch is what he does. and if he lets his members, the other 44 republicans in the senate kind of do what they're going to do, make the comprom
mcconnell very well. can you explain to me and his viewers how he believes he and not the president has a mandate, despite democrats increasing their number in the senate, winning the presidential election and not winning the house, mostly because republicans jerry manneded so many districts. >> primarily i'm not sure he believes it but he's saying it because he's talking to a different audience than we are and most of the country is. i think he's in a very difficult spot. i don't think...
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whether mitch mcconnell and more adult members of the members the of the senator can put pressure on the house. if they can't change these fundamental dynamics we're headed in the same direction. >> i think mitch mcconnell is the problem because he's headed for re-election. but i think one of the interesting things that boehner said, is this your moment now, mr. president, now leave. that's both the reality and a little bit of trying to pass the buck. but it's the truth. it is going to be up to the president to go into the negotiations and to lead, and continue to listen and find areas where compromise can be built. it is on his shoulders. >> he has to lead publicly as well. >> yes. >> to sell it? >> he has to sell it. you know, there are a couple -- there aren't a lot of republicans i think that play in regards to public pressure, but there are a few. and the president's going to have to work hard, find points of pressure on those people. >> and willing to absorb some blows. >> remember when he ran against hillary clinton and beat her. hillary clinton had a great idea, self-reliance
whether mitch mcconnell and more adult members of the members the of the senator can put pressure on the house. if they can't change these fundamental dynamics we're headed in the same direction. >> i think mitch mcconnell is the problem because he's headed for re-election. but i think one of the interesting things that boehner said, is this your moment now, mr. president, now leave. that's both the reality and a little bit of trying to pass the buck. but it's the truth. it is going to be...
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senator mcconnell hasn't won an election in a while. and nobody's asking him to step aside. and i said, do you want the whole leadership to step aside? but it's interesting because when something like that happens, remind them that president reagan was elected at 69 and left at 77 from the white house. sam rayburn was 79 years o s ol when he ended being speaker. in the strength we had in the election, we won 25 seats. we didn't net 25 seats but we elected 25% of our caucus is new, younger, women and minorities, 50% of our caucus, women and minorities and lgbt community folks. so we thought it was a great night. the election of the president to protect health care and the rest. increase our numbers in the senate, increase our numbers in the house. so i didn't really know what the point was unless it -- was it about winning? was it about not winning enough seats or was it just about age? >> and a combination of age and gender. you're saying. that it's a different -- >> that was the point. right. it was -- and i -- you know, we all live with each other around here, no offense t
senator mcconnell hasn't won an election in a while. and nobody's asking him to step aside. and i said, do you want the whole leadership to step aside? but it's interesting because when something like that happens, remind them that president reagan was elected at 69 and left at 77 from the white house. sam rayburn was 79 years o s ol when he ended being speaker. in the strength we had in the election, we won 25 seats. we didn't net 25 seats but we elected 25% of our caucus is new, younger,...
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. >> so what is your answer to what mitch mcconnel said? go after rich people. why do it at all? >> it is good to be with you. i think that the minority leader seems to have a math problem. ending the tax cuts for the rich is worth $1 trillion. i think our government spends a little less than $1 trillion. most people think it is $800 billion. this is a ten-year number. you are $80 billion a year. and this is a outside reach. a lot of guys like myself think you are not going to get it. let me ask you this, david, we have a weak economy, i know jobs are growing but they are growing weekly. what sense does it make to raise taxes on anybody when you have such a weak economy. from a economic, not ideal logical stand n point, what sense does it make? >> well, you know larlarry, the labor movement thinks that jobs are the number one agenda here, as you well know, we have had this conversation about your need to do something to get our finances in better shape, the way to do that with the least amount of damage to our economy, is to end the bush tax cuts for the wealthy for those making
. >> so what is your answer to what mitch mcconnel said? go after rich people. why do it at all? >> it is good to be with you. i think that the minority leader seems to have a math problem. ending the tax cuts for the rich is worth $1 trillion. i think our government spends a little less than $1 trillion. most people think it is $800 billion. this is a ten-year number. you are $80 billion a year. and this is a outside reach. a lot of guys like myself think you are not going to get...
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speaker boehner, senator minority leader mitch mcconnell, paul ryan. all of them saying they will fight the president on taxes. all of them saying the president doesn't have a mandate. but president obama has something to say about that. >> i have one mandate. i have a mandate to help middle class families and families that are working hard to try to get into the middle class. that's my mandate. >> this is a clear message. it's what americans voted for a week ago. are you sure you want this fight, republicans? democrat from pennsylvania chuck fatah and ezra klein, msnbc policy analyst. he's writing about the fight over taxes today and the piece is called "the big question: how, not whether, to raise taxes." thank you for joining me tonight. >> thank you. >> good to be here. >> congressman, do you think republicans will make a deal or is this 2010 with the tea party all over again? >> well, what the public needs to understand is the income tax system is not fair to them. there is a report done by the congress each year by the joint committee on taxation
speaker boehner, senator minority leader mitch mcconnell, paul ryan. all of them saying they will fight the president on taxes. all of them saying the president doesn't have a mandate. but president obama has something to say about that. >> i have one mandate. i have a mandate to help middle class families and families that are working hard to try to get into the middle class. that's my mandate. >> this is a clear message. it's what americans voted for a week ago. are you sure you...
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in fact, after election day the president, speaker boehner, senate ma minority leader mitch mcconnell all talking about the facecle life, what they were going to do, not going to do, what they wanted to negotiate, not negotiate, but on friday, as news exploded out from the cia thanks to our own andrea mitchell that the president accepted the resignation of the cia director, general david petraeus, all of that -- you have to add that plus all the things you talked about, fiscal cliff, to what the president has to deal with. as you said, no honeymoon, indeed. >> and added to what jonathan just said, julian, there are some concerns over this that this is just the tip of the iceberg. i want to play you something senator feinstein said to andrea mitchell this afternoon. >> this thing came so fast and hard. since then it's been like peeling an onion. every day another peel comes off and you see a whole new dimension to this. so my concern has actually escalated over the last few days. >> it's clear she's suggesting this is going well beyond the realm of a personal matter. how far could we r
in fact, after election day the president, speaker boehner, senate ma minority leader mitch mcconnell all talking about the facecle life, what they were going to do, not going to do, what they wanted to negotiate, not negotiate, but on friday, as news exploded out from the cia thanks to our own andrea mitchell that the president accepted the resignation of the cia director, general david petraeus, all of that -- you have to add that plus all the things you talked about, fiscal cliff, to what...
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does she have enough influence when you counter mitch mcconnell and others? does he have enough influence to bring in others in the party who agree? >> yes. i definitely think he does. he's considered a player. he brings to the table a very, very big demographic, which is his father's list. and that's a pretty powerful thing. and what you're going to have to watch for here is the mitch mcconnells of the world, he's somebody who is going to want to may play a little bit on immigration. he faces a primary challenge. so what you're going to see is some of these guys who maybe want to soften on immigration, getting some cover from some of the other guys who will get out there in front to try to protect them so they can win their next electio elections. >> you wrote about rank and file immigration reform yesterday. it caught my eye. it is interesting from the leaders of the party who are on the radio and television meaning like a sean hannity to actual elected officials within the gop who seem they want to speed up the process in hopes of two years from now having
does she have enough influence when you counter mitch mcconnell and others? does he have enough influence to bring in others in the party who agree? >> yes. i definitely think he does. he's considered a player. he brings to the table a very, very big demographic, which is his father's list. and that's a pretty powerful thing. and what you're going to have to watch for here is the mitch mcconnells of the world, he's somebody who is going to want to may play a little bit on immigration. he...
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now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they made a big gamble and came up empty handed. in 2011 president obama was cutting deals with john boehner on the golf course. it was very favorable for the republicans. the president agreed to more than $1.2 trillion in cuts, benefit reductions of social security, raising the medicare eligibility age and actually lowering tax rates on the wealthiest americans. now in the end, republicans, what do they do? they rejected the deal. they wanted more and the way to get it was to beat the president of the united states in november. the president fought back almost a year ago. he announced the message of the reelection campaign. the same place where teddy roosevelt gave birth to progressivism. >> do we want to make the investments we need in things like education and research and hig high-tech manufacturing, all those things that help make us an economic super power, or do we want to keep in place the tax breaks for the the wealthie
now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they made a big gamble and came up empty handed. in 2011 president obama was cutting deals with john boehner on the golf course. it was very favorable for the republicans. the president agreed to more than $1.2 trillion in cuts, benefit reductions of social security, raising the medicare eligibility age and actually lowering tax rates on the wealthiest americans. now in the end,...
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but mcconnell should be careful what he wishes for. right now he's worried about that tea party challenger on the right. well, ashley judd if she decides to run with her appearance and her youth against mitch mcconnell in a general election, i don't think that's such a slam dunk. >> that is a fascinating -- >> ashley judd card. >> if i were mitch mcconnell i'm not sure i would go that far to the right. looking at indiana, who thought mourdock was going to lose. >> especially if you start getting deals done. once the sort of initial -- once the first shoe has fallen i am of the mind they can't go back to digging their heels in. if boehner proves he can get this passed without the tea party holding him hostage it's a wrap. >> what dan was talking about earlier, seeing if the president has real sort of legislative interest and umf coming into the second term and play with congress and learn how do that well. the other thing what the administration has been talking about a lot sort of taking it to the american people, going into campaign m
but mcconnell should be careful what he wishes for. right now he's worried about that tea party challenger on the right. well, ashley judd if she decides to run with her appearance and her youth against mitch mcconnell in a general election, i don't think that's such a slam dunk. >> that is a fascinating -- >> ashley judd card. >> if i were mitch mcconnell i'm not sure i would go that far to the right. looking at indiana, who thought mourdock was going to lose. >>...
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and what's disturbid me most about the comments from speaker boehner and senator mcconnell and others on the republican side is this whole disingenuous problem that you can solve the problem by closing loopholes. most of those don't touch the wealthiest americans. unless you're willing to deal with rates, capital gains, dividends and the highest marginal rate, you don't really touch the very wealthiest americans by dealing with home mortgage deductions, certainly the eitc or the child tax credit. those are where the biggest sources of tax expenditures are. i think it is going to be a tough sell. although, on the other hand, i do believe there are a lot of republicans who understand that this no taxes, the grover norquist pledge, issing this that is preventing real progress from being made. people like scott riggle from virginia who's pluckily renounced the pledge, i think there's a possibility we're going to see yield with a number of members. and if up to 70 republicans say we want a deal on this topic, they'll get plenty of help from our side. >> there's been talk about nancy pelosi
and what's disturbid me most about the comments from speaker boehner and senator mcconnell and others on the republican side is this whole disingenuous problem that you can solve the problem by closing loopholes. most of those don't touch the wealthiest americans. unless you're willing to deal with rates, capital gains, dividends and the highest marginal rate, you don't really touch the very wealthiest americans by dealing with home mortgage deductions, certainly the eitc or the child tax...
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and can you imagine mitch mcconnell versus ashley judd? >>> if you read only one thing this morning, "time" magazine answers an interesting question. did the $6 billion in campaign spending at least help the economy or did it just annoy all of us? i added that last part. it's up on our facebook page. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle and jingle. all while saving the things that go in our wallet. more saving. more doing. that's the power of the home depot. right now, get an assortment of martha stewart living ornamen,s free when you purchase select artificial trees. republicans. gop officials tell "the washington post" they are planning a series of voter-based polls and focus groups and talking with volunteers, donors and staff members trying to find ways to broaden their appeal after being shocked by tuesday's results. and the blame game continues. american cross roads founder karl rove under fire from donors and party offic
and can you imagine mitch mcconnell versus ashley judd? >>> if you read only one thing this morning, "time" magazine answers an interesting question. did the $6 billion in campaign spending at least help the economy or did it just annoy all of us? i added that last part. it's up on our facebook page. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle and jingle. all while...
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the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. >> to show our seriousness we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build. >> we're prepared to put revenue on the table provided we fix the real problem. >> the real problem. you got that? mcconditional is all the tree stump on the lawn when you're trying to cut it. this afternoon the president held his fourth and final meetings with stakeholders, civic leaders and meshs of civic leaders. mark morel is president of the you are began league and aaron smith is co-funder of a group called noninvincibles dedicated to ensuring that young people's perspectives are accounted for in policy and economic opportunity, education,
the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. >> to show our seriousness we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we...
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question now is whether he has some points of leverage against the tea party wing and whether mitch mcconnell and some of the more adult members of the republicans in the senate can put pressure on the house. if they can't change those fundamental dynamics, we're heading in the same direction. >> i think mitch mcconnell is a problem because he's up for re-election and he's worried about getting a challenge from the tea party right. mr. boehner said this is your moment, mr. president, now lead. that's an acknowledgment of reality and a bit of a trying to pass the buck, but it's the truth. it is going to be up to the president to go into those negotiations and to lead and to continue to listen and find areas where compromise can be built. >> but he has to lead -- >> let me help you out. >> he has to lead publicly as well because the election -- >> sell. >> he has to sell it. there aren't a lot of republicans i think at play from -- in regards to public pressure, but there are a few, and the president is going to have to work hard to find points of pressure on those people -- >> let's try -- >>
question now is whether he has some points of leverage against the tea party wing and whether mitch mcconnell and some of the more adult members of the republicans in the senate can put pressure on the house. if they can't change those fundamental dynamics, we're heading in the same direction. >> i think mitch mcconnell is a problem because he's up for re-election and he's worried about getting a challenge from the tea party right. mr. boehner said this is your moment, mr. president, now...
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>> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course, this argument isn't limited to the world of politics. ageism rages in the role world, too. how often have you heard those under 30 grumbling about those old guys sucking up all the jobs? so the talk back question of t
>> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for...
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wednesday, the business community and friday, there's a meeting with harry reid, mitch mcconnell, house speaker john boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all tough choices you made. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things i've heard democrats and republicans say they agree on, o
wednesday, the business community and friday, there's a meeting with harry reid, mitch mcconnell, house speaker john boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles...
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today mitch mcconnell did not signal, a big surprise, he was ready to compromise. the tree stump ain't moving. let's listen. >> the time for the president to lead is now, and that means offering a concrete plan that takes into account the fact that half the congress opposes tax hikes. not because we're selfish, not because we're stubborn, but we know it is the wrong thing to do. we know it will hurt the economy, and we know it will destroy jobs. >> you know, the nonsense behind that, guys, is that if you go by who we elect to congress deciding our national policy, then by that standard heidi heitkamp winning in north dakota means north dakota is a liberal state, and tester winning in montana means that's a democratic state or that mccaskill winning missouri -- no, that's not how we vote. we vote nationally for the president, and we have an electoral college to decide it. let me go back to dennis. give us your sense, the nea is filled with very lit rat, very smart people with tremendous understandings of the public policy. what does your rank and file like to see ge
today mitch mcconnell did not signal, a big surprise, he was ready to compromise. the tree stump ain't moving. let's listen. >> the time for the president to lead is now, and that means offering a concrete plan that takes into account the fact that half the congress opposes tax hikes. not because we're selfish, not because we're stubborn, but we know it is the wrong thing to do. we know it will hurt the economy, and we know it will destroy jobs. >> you know, the nonsense behind...
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Nov 10, 2012
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question now is whether he has some points of leverage against the tea party wing and whether mitch mcconnell and some of the more adult members of the republicans in the senate can put pressure on the house. if they can't change those fundamental dynamics, we're heading in the same direction. >> i think mitch mcconnell is a problem because he's up for re-election and he's worried about getting a challenge from the tea party right. mr. boehner said this is your moment, mr. president, now lead. that's an acknowledgment of reality and a bit of a trying to pass the buck, but it's the truth. it is going to be up to the president to go into those negotiations and to lead and to continue to listen and find areas where compromise can be built. >> but he has to lead -- >> let me help you out. >> he has to lead publicly as well because the election -- >> sell. >> he has to sell it. there aren't a lot of republicans i think at play from -- in regards to public pressure, but there are a few, and the president is going to have to work hard to find points of pressure on those people -- >> let's try -- >>
question now is whether he has some points of leverage against the tea party wing and whether mitch mcconnell and some of the more adult members of the republicans in the senate can put pressure on the house. if they can't change those fundamental dynamics, we're heading in the same direction. >> i think mitch mcconnell is a problem because he's up for re-election and he's worried about getting a challenge from the tea party right. mr. boehner said this is your moment, mr. president, now...
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Nov 16, 2012
11/12
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...